Gmgmgmgm Square Fam!
Happy Monday!
Welcome to the 29th episode of The #ICP Pulse Season 3, your daily dose of all things on ICP.
But, before we start...
I've put a lot of effort and time into this series, so if you don't mind, please consider liking this episode and supporting me by subscribing.
This will help me provide you with more quality information, thank you🫶
Let's get into today's episode🚀
1️⃣ $ICP Price action
Ah, uncertainty is around thanks to the sentiment regarding the US election, which is scheduled to be held on November 5, 2024.
Currently, we are on a round trip, sitting in the crucial support zone at around USD 7.0 -7.25 USD.
The next upside target is around 7.8 - 8 USD.
In case you are wondering why the US election is much related to the global financial markets, let me explain to you why.
The US is considered the world's financial markets leader, so whatever decisions they take are hugely related to the direction of the world financial markets whether it is crypto forex or maybe sovereign bonds as they've usually invested across the globe.
In terms of the price action, now we wait👀
As Always, NOT FINANCIAL ADVICE SO DYOR🙏
Now we head to,
2️⃣Onchain Stats
🟪Internet Identity Stats
As of the last episode, there were 2.615M IIs active, so this means an impressive growth of over 19.1K entities into the eco.
Btw, today, as of press time, around 377 entities successfully onboarded the ICP rabbit hole.
🟪Burned ICP Stats
As of press time, around 1.4K ICP worth 10K USD were burned from the circulation supply.
🟪Neurons stats
In case you are new here, Neurons are locked ICP tokens that can be locked for a minimum of 6 months to a staggering 8 years, which allows users to participate in governance in the ICP ecosystem.
Within the last 24 hours, around 256 neurons were activated to help secure the IC's consensus algorithm.
Essentially, The more ICP tokens are locked, the more secure the IC becomes.
3️⃣NFT Stats
Sources: Toniq, Bioniq and Yuku
1️⃣Motoko Ghosts --> 27 ICP
2️⃣BTC Flower --> 35 ICP
3️⃣ETH Flower --> 8 ICP
4️⃣Pythagoras by icircle_nft--> 0.85 ICP
5️⃣Poked Bots by pokedstudiouk --> 9 ICP
6️⃣Infinity Canister by Bitfinity --> 23 ICP
7️⃣Motoko Sentinels--> 0.0007 ckBTC
8️⃣Cubetopia Islands --> 13.9 ICP
9️⃣Modernistic Villas by Rentspaceco --> 4.5 ICP
🔟ICP flower --> 9 ICP
4️⃣Gainers and Losers
Source: ICPcoins
🟣Gainers
➡️Querio --> 0.0097 USD @ 161K USD Marketcap (🔺7.2%)
➡️BoomDAO --> 0.0018 USD @ 1.4M USD Marketcap (🔺4%)
🟣Losers
➡️ICPCC--> 0.3059 USD @ 199K USD Marketcap (🔻19.7%)
➡️CTS_SYSTEM--> 0.0572 USD @ 580K USD Marketcap (🔻14.85%)
➡️Motoko--> 94.58 USD @ 663K USD Marketcap (🔻13.14%)
5️⃣Inside the ICVerse🧑🚀
🟪3 Voting Proposals in the NNS.
🟪1 Voting Proposal in the BoomDAO SNS.
🟪9 Voting Proposals in the ICLighthouse SNS.
🟪TVL on NNS: 1.724 Billion USD
🟪TVL on ICP DeFi By DefiLlama: 46.35M USD
🟪DFINITY announced,
➡️Chain Fusion Ecosystem Live will ship to the foundation's YT today at 10 AM EST / 4 PM CET
Tune in for some juicy alpha on the cutting edge.
Hosts: radudeicp and kylelangham
➡️A new update to the docs with info on dev containers
➡️The latest episode of the ICP Developer Journey, conducted by jessieWritesx has been shipped🚢
6️⃣Updates from the ICP ecosystem
Note: NFA again🙂
➡️Kongswap announces the completion of their SNS sale and will ship proposals to upgrade the app and provide liquidity for the governance token.
➡️gldrwa announces The world's first fully gold-backed, decentralized gold token.
➡️junobuild announces that the dfinity foundation will be backing its R&D operations for 2025.
➡️Origyn announces NFT standard 2.0, improving transferability of RWA certificates.
➡️Sign in with google is no live on WaterNeuron.
➡️Plugwallet releases new versions for Android and iOS.
So, Here I wrap up for the day😇
Hats off for staying this far🫡
Now, before we wind up, feel free to share this with everyone who might lack some ICP Alpha, especially the #USElections2024Countdown Fam.
I'll see ya tomorrow with your daily dose on ICP :)
Until then, Take care!
